Compass Mining Unveils 25 MW Bitcoin Facility in Texas

Highlights:

• Compass Mining has expanded with a new 25 MW Bitcoin facility in Texas.
• The Texas 6 site ensures high reliability by combining relocated and new mining machines for seamless operations.  
• Compass Mining will add 35 MW of power by early 2025 to boost its hosting network across multiple US states.  

Compass Mining has announced the launch of a new Bitcoin mining farm with a capacity of 25 MW located in Texas. The facility is fully developed and will start operating at 5MW by the end of the year 2024. The installed capacity will rise to 25 MW in early January 2025. The company plans to expand the site further, reaching a total capacity of 60 MW by the third quarter of 2025.  

We're very excited to announce the addition of a new 25MW capacity Bitcoin Mining facility in Texas!

To read more about this addition and our plans to expand the site’s capacity to 60 MW by Q3 of 2025, please check out the link below ⬇️⛏️⚡️https://t.co/hGs6P82Kk6

— Compass Mining 🧭 (@compass_mining) December 20, 2024

This expansion is part of Compass Mining’s broader efforts to strengthen its network of operations across North America. The Texas facility will serve both existing and new customers. Relocated machines from other facilities will operate alongside newly deployed units at this site.  

Texas 6 Operations

Named Texas 6, the facility will integrate relocated machines from Compass’s current locations with new mining equipment. This ensures a smooth transition for current customers while offering deployment options for new buyers. By January 2025, customers purchasing mining machines from Compass will be able to deploy them at the Texas 6 site.  

Compass Mining has committed to maintaining high operational standards at the new facility. To support this goal, the company will assist its site partner in hiring skilled technicians. The main goal of this approach is to provide dependable performance and reduce the failure rates for customers.  

Reliability and Customer Focus

Compass Mining remains committed to offering flexible and reliable hosting solutions. The company employs a dual strategy that uses proprietary facilities and third-party facilities through partnerships. This makes it possible for the firm to shift to operational needs while keeping high uptime and reliability.  

Compass Mining supplied a total of 50 MW of power capacity across multiple states this year. They include Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas. The company hopes to add 35 more MW of capacity, including the Texas 6 facility, by early 2025. The consistent expansion is evidence that Compass is continuing to invest to support the growing Bitcoin mining industry.  

Nationwide Expansion

Compass Mining is also rolling out projects across other U.S. states beyond Texas. The company is set to start operations with 8 MW of capacity at a mining facility it is constructing in Iowa by January 2025. Later that year, this facility will be scaled to 30 MW.

Compass Mining expands its U.S. footprint with a new Iowa facility, continuing growth across key states as competitors pivot to AI. @compass_mining https://t.co/PQGMUrGWGU

— CoinGeek (@RealCoinGeek) November 27, 2024

Compass Mining recently energized 2,400 Bitcoin mining machines at a new hosting partner site in Nebraska. The facility utilizes relocated machines from existing sites plus new units. Customers now have the option to deploy their machines at the Nebraska facility.  

This comes at a time when the Bitcoin network’s hashrate is at record highs. The rising mining difficulty highlights the increasing need for efficient and accessible mining solutions. With its expanding facilities, Compass Mining is positioned to support these demands while maintaining service quality.